Investor Who Decried Black Lives Matter Exits VF Corp

Veronica Wu has stepped down from the board of VF Corporation, the global apparel and footwear company that owns big-name brands including Supreme, The North Face, and Vans. Wu was elected to the board of directors in 2019. On September 2, Axios obtained an e-mail — dated June 16, 2020 — in which the tech and apparel investor disparaged Black Lives Matter and claimed she wasn’t aware of Juneteenth, the holiday that commemorates the emancipation of slaves in Galveston, Texas. “I don’t believe in Black Lives Matter,” Wu reportedly wrote in an e-mail addressing the news that Hone Capital, the venture capital firm where she worked as managing partner, would recognize Juneteenth as a company holiday. Read more at Highsnobiety.